About this talk
8:30am - Welcome
8:35am - Meditation and Yoga stretches with Dr. Cathie Apple
9:00am - Keynote Presentation - After the Storm with Matt Sigelman, CEO, Burning Glass Technologies
The recession left in the wake of the
COVID-19 pandemic is unprecedented.
The changes have been so profound that
fundamental patterns of how we work,
produce, move, and sell will never be the
same.
If the U.S. is going to have a recovery that
not only brings the economy back to where
it was but also ensures a more equitable
future, it is crucial to understand what jobs
and skills are likely to drive the recovery.
How will the new economic patterns be
translated into specific roles and skills
for workers? How can workers, training
institutions, and employers anticipate what
will be needed?
In this report, Burning Glass Technologies
uses our database of more than 1 billion
current and historical job postings, along
with the best available expert views, to
anticipate what jobs will be most important
in the post-pandemic labor market.
• We project these roles will account for
15.5 million to 18 million new jobs created
over the next five years.
• These jobs represent significant fractions
of the labor market: currently 13% of
demand and 10% of employment, but
in addition they are important inflection
points for the economy. A shortage
of talent in these fields could set back
broader recovery if organizations can’t
cope with these demands.
• Jobs in these new “economies” are
projected to grow at almost double the
rate of the job market overall (15% vs.
8%).
• Together, these five growth engines will
come to comprise one in six jobs by 2026
(16%).
• These jobs pay well, with the median
salary for all five economies at roughly
$59,000 per year, 34% above the national
median.
• Growth in these economies
outperformed the overall economy at
the height of COVID-19. Between March
and September 2020, job postings in
these economies were up 11% even as the
overall market fell -12%.
Sigelman earned his AB from Princeton University’s Woodrow Wilson School of Public and International Affairs, and his MBA from the Harvard University Business School.